The End Of The World (For Democrats?)
"To normal people, the Russian collusion stuff was always a nutty conspiracy theory. It seemed obvious that the point of the Russian collusion narrative was to distract people from the fact the Obama White House was engaged in activity that would have made Nixon blush. If there was a conspiracy, it was the media running cover for the crooks in the Obama administration.
This understanding blinded people to what could be the most important part of the Russian collusion story. The Left really believed it. They really thought there was a secret conspiracy between Trump people and Putin people to work some secret magic to alter the 2016 election.They did not know the nature of this magic. In fact, it was probably supernatural, but the Left was sure it was real. This is something people outside the Progressive hive are just starting to realize. The Left really is that crazy."
Retail apocalypse? JCPenney, Payless, LifeWay announce 3,000+ combined store closures
Even without Amazon, there would have been a reckoning. There are simply too many retail stores employing too many employees who make too few sales. With Amazon, and internet retailing, there will be a huge retail reckoning.
These closings should buoy productivity.
Venezuelans set up burning barricades over lack of power, water
And was giving up your firearms a good idea? Just asking.
Biden faces new scrutiny from Dems over behavior with women
What an embarrassment he is.
I might have made some of that up!
Pope criticizes building walls to keep migrants out
What an embarrassment he is.
Permanent Recession for Italy? - Mish Talk
The southern EU is in a depression already, the north is in trouble, and Brexit will blow up the EU.
Apple's Not So Secret Electric Car Plans: Apple Hires Tesla's Powertrain Head - Mish Talk
With every one of any caliber jumping ship at Tesla, it should be on your death watch. I suggest if Apple is jumping into the EV market, it will be revolutionary.
I will keep my powder dry, but I can't imagine that Apple is willing to become a credit card and TV streaming company, I suspect this is the revolution they have been waiting for!
China Will Still Do Whatever It Takes to Catch Up – NextBigFuture.com
"Senior Scientist at the University of Wisconsin-Madison, Yi Fuxian makes the case that China’s nominal GDP will peak at 84% of the US GDP in 2033. He is the author of Big Country with an Empty Nest and claims that China’s aging population will not be able or willing to innovate. Nextbigfuture disagrees and believes that the will of China’s leadership and population to adopt innovation and to make whatever changes are needed to cities and business will not diminish. I do not see how the aging of the next few years affects China’s urbanization and the economic boost that will come from integrating into megacity regions."
This is a good place to start looking at the future of China. The Cultural Revolution and the Great Leap Forward destroyed Chinese individuality, entrepreneurship, and innovation. While those traits are slowly building in the Chinese people, the primary traits remain obedience, conformity, and an unwillingness to rock the boat. When we add to this the demographic problems facing China, it should become clear that the chance for the Chinese to become radical innovators who will find a way to build and expand a consumer-driven economy, which is independently creative and not driven by intellectual property theft is tiny. When the demographic bomb hits the conservative nature of the Chinese drive them to hunker down and do what they do best, cheat, lie, and steal intellectual property for their use.
I keep hearing that China can innovate, and is, but what I see is China is stealing IP then making minor changes around the edges. When it comes to serious innovation, I find Chinese subpar. The demographic bomb China faces will make innovation far more difficult when the Little Emperors who have been spoon fed their entire lives are forced to create or die.
Energy Lies Believed By Intelligent People – NextBigFuture.com
You have to be incredibly intelligent to believe the nonsense that intelligent people believe. This is a good article; it should be required reading in progressive circles.
Nuclear power is the safest power humans have generated bar none. Yet, we continue to believe the opposite mostly because intelligent people are trapped by their cleverness into believing stupid nonsense.
Opinion | Albuquerque’s Electric Bus Takes a Wrong Turn and Goes Nowhere
Albuquerque could have simply added buses to this corridor without all of the cost, congestion, and economic dislocation of a BRT. Instead, they went with the second worst possible plan, BRT, the worst being light rail.
Planners are all in on disruptive; congestive transit plans mostly because if adding buses alone were the solution, we would not need the planners. “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” Upton Sinclair
It is time to reevaluate the damage, waste, and corruption that our current system of transportation planning creates. It is time for change.
The self-drive car, and ride sharing will quickly eliminate the riders for mass transportation. We should be focusing on the low cost transit option by utilizing buses as a stop gap until the new transportation arrangements can become reality.